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Kuwait exports first light crude shipmentKuwait Petroleum Corporation (KPC) has exported its first high-quality light crude oil shipment, it has been announced. "This achievement is considered the fruit of a continuous cooperation between Kuwait More… |
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Kuwait exports first light crude shipmentKuwait Petroleum Corporation (KPC) has exported its first high-quality light crude oil shipment, it has been announced. "This achievement is considered the fruit of a continuous cooperation between Kuwait More… |
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Saudi sells more light crude to Asia, piles pressure on rivalsSaudi Arabia will supply more Arab Extra Light crude to at least two buyers in Asia in July, four sources familiar with the matter said on Thursday, as the top oil exporter ramps up shipments in a bid to claim a bigger share of the Asian marke More… |
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Algeria oil cargo partially unloads in Venezuela, sails to St EeustatiusThe tanker Carabobo carrying Algerian light crude to Venezuela has finished unloading at Jose terminal and has set sail to the Caribbean island of Saint Eustatius, where it will deliver the rest of its content, according to Reuters ve More… |
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Refiners in Asia 'decline more Saudi crude'Saudi Arabia's offer of additional crude in August drew scant interest from refiners across northeast Asia who declined supplies beyond contracted volumes. One buyer each in India and Southeast Asia accepted extra barrels of light oil, tra More… |
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Saudi Arabia hikes Feb light pricesSaudi Arabia raised its official selling prices for February for light crude oil to customers in the United States and Asia, state oil firm Aramco said on Sunday. Buyers of Saudi oil had expected the price to rise as the kingdom cuts suppl More… |
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Oil falls below $96 on financial turmoilOil extended losses below $96 a barrel on Tuesday, after slumping almost 10 percent in the previous session, as fear gripped financial markets. US light crude for November delivery fell 82 cents to $95.55 a barrel by 0341 GMT, up from a lo More… |
